$140,000
SOLD OCT 11, 2016

1528 Madras St SE Unit 27 Salem, OR 97306

South Gateway Neighborhood
2 Beds
1.5 Baths
1,116 Sq Ft
871 Sq Ft Lot

Recently Sold

$125 Per Sq Ft

5% Above List Price

21 Days on Market

Highlights

  • In Ground Pool
  • Tennis Courts
  • 1 Car Attached Garage
  • Living Room with Fireplace
  • First Floor Utility Room
  • Covered Deck

About This Home

As of August 2018

Great condo with lots of natural light & open floor plan. Large loft bedroom plus second bedroom. Fireplace, nice kitchen & high vaults. Updated interior, exterior doors & garage door. Trex deck. HOA Fees $270 per month include water, sewer, garbage, pool, tennis courts, rec room, ext landscape & ext maintenance. Must see BEST VALUE!

Last Agent to Sell the Property

Jennifer Larson

HOMESTAR BROKERS License #930500249 Listed on: 07/19/2016

Last Buyer's Agent

WINNIE HANNON

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #951100182

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,977

Year Built

  • Built in 1978

Lot Details

  • Landscaped
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,116 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room
  • Security System Leased

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • In Ground Pool
  • Covered Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Refrigerator
  • Tax Lot 27

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,977

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Condominium
  • Home Style: 2 Story
  • Range Facility: Gas, Range Included
  • Syndicated Remarks: Great condo with lots of natural light & open floor plan. Large loft bedroom plus second bedroom. Fireplace, nice kitchen & high vaults. Updated interior, exterior doors & garage door. Trex deck. HOA Fees $270 per month include water, sewer, garbage, pool, tennis courts, rec room, ext landscape & ext maintenance. Must see BEST VALUE!
  • Cross Street: Commercial
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Refrigerator
  • Fireplace: Living Room, Gas
  • Flooring: Carpet, Tile, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: On Level: 2/Upper
  • Bedroom 2: On Level: 2/Upper
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 125.45
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 119.98

Exterior Features

  • Patio: Covered Deck
  • Exterior Color: Green
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111
  • Swimming Pool: In-Ground Pool

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Gas, Central Ac, Forced Air
  • High Speed Comm Access: Present
  • Security System: Leased
  • Water: Connected, City
  • Water Heater: Gas

Condo/Co-op/Association

  • Homeowners Assn: Association With Fee
  • Homeowners Assn Amnts: Swimming Pool, Tennis Court

Lot Info

  • Acres: 0.02
  • Estimated Lot Sq Ft: 871
  • Flood Plain: Unknown
  • Lot: 27
  • Price Per Acre: 6695000
  • Underground Sprinklers: Yes
  • Zoning: RM2
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2015
  • Tax Account Number: R74859
  • Tax Amount: 1977

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2018
Closed on
Jul 30, 2018
Sold by
Castellanos Sheilateresa and Castellanos Michael
Bought by
Kell William G and Kell Michaelene M
Seller's Agent
PAM GREGORY
HOMESMART REALTY GROUP
Buyer's Agent
PAM GREGORY
HOMESMART REALTY GROUP
List Price
$176,900
Sold Price
$171,000
Premium/Discount to List
-$5,900
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%

Purchase Details

Closed on
Aug 10, 2016
Sold by
Watts Tupou Marni S and Watts Marni S
Bought by
Castellanos Sheilateresa and Castellanos Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2003
Sold by
Ruddiman Walter L
Bought by
Watts Marni S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,453
Interest Rate
5.82%

Purchase Details

Closed on
Jan 8, 2003
Sold by
Lynn Ruddiman Cheri A
Bought by
Ruddiman Walter L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $171,000 Fidelity National Title
Warranty Deed $140,000 First American
Warranty Deed $114,900 Fidelity Natl Title Co Of Or
Interfamily Deed Transfer -- Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Previous Owner $108,800 New Conventional
Previous Owner $23,800 Unknown
Previous Owner $127,200 Fannie Mae Freddie Mac
Previous Owner $15,900 Fannie Mae Freddie Mac
Previous Owner $28,666 Credit Line Revolving
Previous Owner $111,453 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Price Changed $290,000 -4.9% $260 / Sq Ft
07/06/2025 07/06/25 For Sale $305,000 +78.4% $273 / Sq Ft
08/03/2018 08/03/18 Sold $171,000 -2.2% $153 / Sq Ft
07/04/2018 07/04/18 Pending -- -- --
06/26/2018 06/26/18 Price Changed $174,900 -1.1% $157 / Sq Ft
06/21/2018 06/21/18 For Sale $176,900 +26.4% $159 / Sq Ft
10/11/2016 10/11/16 Sold $140,000 +4.6% $125 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $133,900 -- $120 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,818 $143,520 -- $143,520
2023 $2,735 $139,340 $0 $139,340
2022 $2,579 $135,290 $0 $0
2021 $2,505 $131,350 $0 $0
2020 $2,432 $127,530 $0 $0
2019 $2,347 $123,820 $0 $0
2018 $2,388 $0 $0 $0
2017 $2,155 $0 $0 $0
2016 $2,053 $0 $0 $0
2015 $1,977 $0 $0 $0
2014 $1,801 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy McLeod

    Seller's Agent in 2025

    Amy McLeod

    KELLER WILLIAMS CAPITAL CITY

    (971) 208-5093

    12 in this area

    310 Total Sales

    Amy McLeod
    Section Image
  • PAM GREGORY

    Seller's Agent in 2018

    PAM GREGORY

    HOMESMART REALTY GROUP

    (503) 580-7381

    20 Total Sales

    PAM GREGORY
    Section Image
  • Jennifer Larson

    Seller's Agent in 2016

    Jennifer Larson

    HOMESTAR BROKERS

    (503) 999-1516

    6 in this area

    101 Total Sales

    Jennifer Larson
    Section Image
  • WINNIE HANNON

    Buyer's Agent in 2016

    WINNIE HANNON

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 559-8867

    3 in this area

    26 Total Sales

    WINNIE HANNON
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 707438

Willamette Valley MLS

APN: 575849

Oregon Marion County Salem 97306 South Gateway

1528 Madras St SE Unit 27, Salem, OR

This home is located at 1528 Madras St SE Unit 27, Salem, OR 97306 and is currently priced at $140,000, approximately $125 per square foot. This property was built in 1978. 1528 Madras St SE Unit 27 is a home located in Marion County with nearby schools including Battle Creek Elementary School, Judson Middle School, and Sprague High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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